Who is ranking highly with the least investment raised? We dig into the 2% of companies that have raised less than $25M and who have an app currently ranked in the App Store top 1000.

Where is this data coming from?

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Where is this data coming from?

Start your free trial today

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There are over 2600 U.S.-based private companies with a mobile app in the iTunes App Store that have raised ≤$25M in total funding. How many of them rank highly?

Just 2% are publishers of an app ranked among the top 1000 overall apps.

The obvious application of this data for investors is to identify capital-efficient mobile app publishers, i.e. those who’ve raised a small amount of money but are highly ranked. (Yes – $25M is a lot of money but we live in heady times)

The chart below using mobile app data from CB Insights performance metrics maps funding vs rank. It only looks at the companies who’ve raised less than $25 million.

The Mobile Outperformers

Below are five notable apps on the list. The full list of mobile outperformer companies can be found on the ‘Research’ tab, after logging in to CB Insights.

Notes:

This research is only available to subscribers with access to CB Insider. All of the company app data in this analysis comes from the ‘Performance’ tab on the company’s profile. This available to CB Insights subscribers in the Division or greater subscription plans.

Visualizations were taken directly from the company’s ‘Performance Metrics’ tab.

The List

The full list of mobile outperformer companies can be found on the ‘Research’ tab, after logging in to CB Insights. Note: This research is only available to subscribers with access to CB Insider. All of the company app data in this analysis comes from the ‘Performance’ tab on the company’s profile. For CB Insights subscribers in the Division or greater subscription plans, the specific company search for this analysis is available here (add ‘Best Rank Overall’ column and filter).

Notes

Overall App Store ranks were taken as of 9/29/2014. The analysis included U.S.-based private tech companies with a published mobile app that had raised ≤$25M from investors and had raised at least one round on or after 1/1/2009. Bootstrapped startups were not included.